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Rice sale will help boost West Ham turnover to around £368m

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West Ham could record record turnover of £368m thanks to a good European run and the sale of Declan Rice in this financial year.

This season West Ham will book a full £100m profit on Declan Rice as he was sold to Arsenal on 15th July last year six years after the Hammers’ financial year-end.

In a twist of fate, sales are recorded in the single financial year they are sold in the accounts, unlike incoming transfers which are spread over the life of the contract.

West Ham spent around £105m last summer in transfer fees but as these transfers are amortised over four years so around £35m will recorded in this season’s accounts.

West Ham is likely to earn £150m from Premier League TV money this season with an Equal share of £91.7m,  TV facility fees: £17.8m, and merit payment: £40.3m if the Hammers finish eighth.

Add to this an estimated £23.5mm earned from the Europa League cup price money run to the quarter-finals.

Ticket match day revenue is likely to reach £45m plus commercial/sponsorship of another £35m revenue plus retail sales of around £14.5m

That would create a record turnover for this season of around £368m way above the £253m recorded two seasons ago.

Summer signings are likely to come after the financial year ends at the end of May so expect West Ham to make a massive profit on paper.

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